After weeks of speculation the location of where JD Wetherspoon hopes to open a pub in Helston has been revealed.

Oliver & Son, a home furnishing store on Coinagehall Street, has confirmed it is to close at the end of the year after 80 years trading in the town.

Owner Chris Oliver, who is the third generation of the family to run the business, has decided that it is time to retire and enjoy more time with his wife and family.

A conditional sale has been confirmed to the national low-cost pub chain, although the opening of a branch in the town is still subject to planning and licensing consent.

Mr Oliver said: “We trust that you will support their new venture as they will bring a huge increase in footfall to one of the principle streets of Helston as well as employing many more staff than we do.

“There is always a downside to such a decision and that is that our loyal staff will lose their employment.”

He urged local employers able to offer them jobs to contact him, adding: “Many of you will know them as friends and appreciate the knowledge and advice that you have received in an enjoyable and conscientious way from them.”

Mr Oliver added: “We thank all our clientele for their business, support and friendship over the years. We would like to think that much of our trade will stay in Helston and we commend to you the other local shops which will be able to satisfy your needs for furniture, carpets and soft furnishings.”

A “Grand Goodbye Sale” will be held later in the year, as all stock items must go. There have also been “considerable reductions” promised on special orders.